Coinbase Wallet is a self-custody cryptocurrency wallet that provides a secure portal for exploring the vast world of onchain activities. It gives you complete control over your digital assets, including cryptocurrencies and NFTs, while seamlessly connecting you to decentralized finance (DeFi) applications and the broader blockchain ecosystem.
This mobile and browser-based wallet is designed for both newcomers and experienced users, making it simple to manage a diverse portfolio and engage with the future of digital ownership.
Supported Digital Assets
Coinbase Wallet supports a wide array of major cryptocurrencies and tokens, allowing you to manage a diversified portfolio in one secure location. Key supported assets include:
- Major Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Ripple (XRP)
- Stablecoins: USD Coin (USDC), Tether (USDT)
- Layer 2 & Ecosystem Tokens: Polygon (MATIC), BNB Chain (BNB), Avalanche (AVAX), Optimism (OP)
- The wallet is also compatible with all Ethereum Virtual Machine (EVM) chains and millions of ERC-20 tokens.
Core Features and Benefits
Coinbase Wallet is more than just a place to store digital money; it's a gateway to the entire onchain universe.
Exploring the World of Crypto
The wallet serves as your primary access point for countless onchain opportunities. You can use it to earn monthly rewards, explore yield-generating DeFi protocols, collect unique NFTs, and even participate in decentralized autonomous organizations (DAOs). It provides easy on-ramps to convert cash into crypto and keeps you informed on market trends, including top-performing coins and trending assets.
With availability in over 170 countries and support for 25 languages, users worldwide can navigate the onchain space in their preferred language.
Earning Passive Rewards
A standout feature for many users is the ability to earn passive income on stablecoin holdings. Eligible users can earn a competitive annual percentage yield (APY) simply by holding USDC in their wallet. This allows your funds to remain fully liquid and accessible while generating potential returns.
👉 Explore secure earning methods
Access to dApps and Tokens
The integrated Web3 browser provides direct access to a growing universe of decentralized applications (dApps). You can securely store, send, and receive a vast range of digital assets. Furthermore, any NFTs you purchase or receive are automatically detected and displayed in your wallet's collectibles section.
Uncompromising Security
Security is a foundational pillar of the Coinbase Wallet experience. It employs industry-leading measures to keep your crypto and personal data safe as you explore the decentralized web.
- Cloud Backups: Securely back up your passkeys and recovery phrase to avoid permanent loss of assets if you lose your device.
- Phishing Protection: Built-in security features help protect you from malicious websites and scams.
- User Control: As a self-custody wallet, you—and only you—maintain control of your private keys and assets.
Frequently Asked Questions
What is the main difference between Coinbase Exchange and Coinbase Wallet?
Coinbase Exchange is a centralized platform where the company holds your crypto on your behalf. Coinbase Wallet is a self-custody product, meaning you have full responsibility and control over your private keys and assets, directly on the blockchain.
Is it safe to connect my Coinbase Wallet to decentralized apps (dApps)?
While the wallet includes security features to flag known malicious sites, you should always exercise caution. Only connect your wallet to reputable dApps you trust, as onchain transactions are typically irreversible.
What happens if I forget my recovery phrase?
Your recovery phrase is the only way to restore access to your wallet and funds if you lose your device. Coinbase cannot recover it for you. The wallet offers encrypted cloud backup options to help you safeguard this phrase, but ultimately, its security is your responsibility.
Can I buy cryptocurrency directly within Coinbase Wallet?
Yes, the wallet integrates several on-ramp services that allow you to use traditional payment methods like credit cards or bank transfers to purchase crypto directly within the app.
Are there fees associated with using the wallet?
The wallet itself is free to download and use. However, you will always pay standard blockchain network fees (gas fees) for transactions like sending crypto or interacting with smart contracts.
How do USDC rewards work?
Rewards are offered at the company's discretion and rates can vary by region. Eligible users earn a percentage yield on their USDC holdings, which is paid out monthly. You can view the current rate and opt out at any time directly within your wallet.